Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
This was a great read. My grandparents were some of the last whites to leave that area in 1966, they owned a business on Lake St. that managed to survive rioting in 64,65 and 66. To hear their stories (if they were still alive) would just obliterate the narrative. The decline started well before the blacks moved up from down south. East Garfield Park was full of poor white people, day laborors, railroad workers, small shopkeepers, etc. Conditions were crowded and dirty. The city stopped fixing streets, sewers, lights, etc. in the Great Depression and never cared again for the… Read more »
Heyjude’s comment (above) leads to a point I’d like to push further. There are so many micro-reasons why these things don’t work, but let’s step back and think to fundamental differences in governing. Why is there blight in the first place? We can blame something from 52 years ago (riots) or recognize that blight comes from bad policy and bad government. The private sector is generally very good at determining if something has a fighting chance, and how to make it profitable. The problem is that the City and the county have done everything in their power to oppose all… Read more »
Anecdotal here but to your point: I tried to buy 3 city owned empty lots to build 3 spec houses off the green line on the southside a few years ago on a block with only maybe 5 houses on it, an almost completely empty street of prairie grass blowing in the breeze. In order to approve the sale the alderwoman had to sign off. Her office denied the sale because, and I shit you not, “The proposed development does not meet the character standards of the neighborhood”. No further explanation, no further answers to questions. To this day the… Read more »
This doesn’t surprise me one bit. Aldermen view property as theirs to dispense and deal with, and everyone else is secondary. Most aldermen are just simply vile people, and I have met and had a decent business relationship with a few. There are exceptions, of course. I never understood why the City as an entity believes that punishing enterprise and development yields the best result. I see the downtown developers doing very well, because they have the system figured out. It’s a cost of doing business. But the smaller developer who just wants create value and “lift all boats” gets… Read more »
Since 1968 no government program has made any improvement despite millions spent. Is there a conclusion to be drawn here? Love the quote, ” It’s hard to give money away correctly”. Do these people even listen to themselves? Maybe it’s time to re-evaluate beliefs about the root causes of problems, and come up with different solutions.